Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia - 2022

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of aluminium amounted to $60 per unit, growing by 182% against the previous year. Overall, the import price showed notable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($609 per unit), while the price for Italy ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+87.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $31 per unit, which is down by -38.2% against the previous year. In general, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices hit record highs at $50 per unit in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($65 per unit), while the average price for exports to the United Arab Emirates (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia

Imports of containers for compressed or liquefied gas, of aluminium into Ethiopia declined to 5K units in 2022, almost unchanged from 2021. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of aluminium skyrocketed to $299K in 2022. Overall, imports faced a drastic downturn. Imports peaked at $536K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark40.810.516.412344.5%
Germany1922.132.897.2-20.3%
South KoreaN/AN/A2.429.11112.5%
United States12513.87.613.5-52.4%
China44.618.712.612.9-33.9%
ItalyN/A19.026.09.9-27.8%
United Arab Emirates7.62.02.32.9-27.5%
India63.71.91.40.9-75.8%
Others62.213.25.610.0-45.6%
Total53681.3107299-17.7%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Ethiopia in 2022:

  1. Germany (2274.0 units)
  2. Italy (1092.0 units)
  3. Denmark (733.0 units)
  4. China (408.0 units)
  5. United Arab Emirates (191.0 units)
  6. South Korea (126.0 units)
  7. United States (79.0 units)
  8. India (16.0 units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia

In 2022, approx. 149 units of containers for compressed or liquefied gas, of aluminium were exported from Ethiopia; reducing by -2.6% against 2021 figures. Over the period under review, exports recorded a sharp downturn. Over the period under review, the exports of attained the peak figure at 634 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of containers for compressed or liquefied gas, of aluminium contracted markedly to $4.6K in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -28.4% was in 2021. Over the period under review, the exports of attained the peak figure at $19K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.85.66.03.3-36.4%
Kenya6.02.11.50.7-51.1%
United StatesN/AN/A0.10.6500.0%
Mozambique0.1N/AN/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
Czech RepublicN/A2.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.910.67.64.6-37.6%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Ethiopia in 2022:

  1. Germany (50.0 units)
  2. United Arab Emirates (48.0 units)
  3. United States (29.0 units)
  4. Kenya (22.0 units)

Source: IndexBox Market Intelligence Platform

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